Gold Spot / U.S. DollarUpdated gold huge risk breaking 2300$ support
1. still no lower low, breaking 2300 = lower low start of long term bearish trend
2. If it is lower low then it will create lower high = say goodbye to 2700$ for a while
3. it just 1 candle signal on 1H , 12H and daily, wont show on weekly or monthly yet
so I don't know would monthly 2700$ target win the battle or not
2. If it is lower low then it will create lower high = say goodbye to 2700$ for a while
3. it just 1 candle signal on 1H , 12H and daily, wont show on weekly or monthly yet
so I don't know would monthly 2700$ target win the battle or not
Note
1HNote
4H engulfNote
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.